Important deal in the night. Parliament had to fight hard to limit the fossil subsidies that are allowed in RePowerEU. Focus of new investments need to be on savings and renewables.
RT @d_boeselager: #RePowerEU Trilogue ✅!
The proposal allowed for gas & oil infrastructure almost without limit. We constrained them to
- be operational by 2026
- oil: only for 3 landlocked countries
- gas: capped at 25% of envelopes
- financed only by loans
The fight against oil ha…
🐦🔗: https://n.respublicae.eu/BasEickhout/status/1602914877793861633